Bloom Credit Union Grand Rapids MI | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Bloom Credit Union, your trusted partner in financial growth and community support. Located at 4833 Town Center Dr Se, Grand Rapids, MI 49512, we have proudly served our members since 1951. With a dedicated team of 46 employees led by CEO Joe Heintskill and Board President Roxanne Speck, we are committed to providing personalized banking solutions that meet your needs. At Bloom, we understand that financial decisions can shape your future. That's why we're here to guide you every step of the way. Our total assets stand at an impressive $193,113,978, showcasing our stability and commitment to our members. With over 13,361 members trusting us with their financial journeys, we offer a wide range of services from personal banking to business loans. Whether you're looking for auto financing, mortgage options, or everyday banking services, our offerings are designed to help you thrive. Currently, we manage total deposits of $14,790,884 and have facilitated over 8,884 loans, ensuring that your aspirations become realities. While you can visit us at our branch for any inquiries or transactions, please note that official correspondence should be directed to our mailing address: 4833 Town Center Drive SE, Grand Rapids, MI 49512-9728. We invite you to explore how Bloom Credit Union can enhance your financial experience. Feel free to reach out at (616) 452-2161 or visit us online at bloomcu.org. Let's work together towards a brighter financial future!

Branch History & Mission

Commitment to Service

While members can visit us at 4833 Town Center Dr SE, official correspondence should be sent to 4833 Town Center Drive SE, Grand Rapids, MI 49512-9728 if it differs from our branch address. At Bloom, we prioritize convenience and accessibility for all members. With an ATM on-site and drive-thru banking services, accessing your funds has never been easier. Our operating hours are designed with you in mind: - Monday: 9:00 AM - 5:00 PM - Tuesday - Thursday: 9:30 AM - 5:00 PM - Friday: 9:00 AM - 6:00 PM - Saturday: Closed We also embrace digital advancements by offering online and mobile banking options for added flexibility.

Join Us

We invite you to experience the benefits of membership at Bloom. Whether you are looking for personal banking options or seeking support for your business needs, we're here for you every step of the way. Together, let's build a brighter financial future for you and our community. For more information or assistance, feel free to call us at (616) 452-2161 or visit our website at bloomcu.org. Join us today and discover how we can help you thrive!

Our Journey

Bloom's story began more than seven decades ago with a vision to provide accessible financial services tailored to the needs of individuals and families. As we opened our doors in 1951, our founders set out to create a member-focused institution that prioritizes community over profit. Since then, we have steadily expanded our offerings while staying true to our core mission: empowering our members to achieve their financial goals. Throughout the years, we've reached significant milestones, including growing our total assets to an impressive $193,113,978. This growth is a testament to the trust our members place in us. We are proud to offer a variety of services that cater to personal and business needs, such as checking and savings accounts, auto loans, mortgages, personal loans, and business banking solutions.

Our Mission

At Bloom, we believe that financial success is not just about numbers; it's about people. Our mission is clear: we are dedicated to providing exceptional financial services while fostering a sense of community among our members. We strive to offer innovative solutions that empower individuals and businesses alike. In addition to our core banking services, we are committed to giving back through community outreach initiatives and partnerships with local organizations. By investing in programs that uplift those around us, we aim to create lasting positive change in Grand Rapids.

Branch Location & Accessibility

Connect With Us

If you have any questions or would like more information about our services, don't hesitate to give us a call at 616-452-2161. We invite you to visit Bloom today where friendly faces and great service await!

Operating Hours

We're here for you during convenient hours! Visit us on Mondays from 9:00 AM to 5:00 PM, and Tuesdays through Thursdays from 9:30 AM to 5:00 PM. For those who need us on Fridays, we're open until 6:00 PM. Unfortunately, we are closed on Saturdays.

Parking and Accessibility

At Bloom, we understand the importance of accessibility. Our branch features ample parking space, ensuring you have no trouble finding a spot. We are also ADA compliant, providing ramps and other features that make our services available to everyone.

Services Offered

Bloom offers a range of services tailored to meet your financial needs. Whether you're looking for personal banking options like checking and savings accounts or need assistance with auto loans and mortgages, we've got you covered. Our drive-thru service allows for quick deposits and withdrawals without leaving your vehicle, while our ATM is available for cash withdrawal and balance checks.

Member Eligibility

At Bloom, we believe in building a community where everyone can thrive. If you're interested in joining us, becoming a member is as simple as meeting a few friendly criteria. We're here for anyone who lives, works, worships, or attends school in the Grand Rapids area. You'll find that our welcoming atmosphere and supportive services are designed with you in mind. Plus, when you become a member of Bloom, you gain access to a range of benefits including personalized banking options, competitive loan rates, and excellent customer service that feels like family. To start your journey with us, you can easily check out the detailed eligibility requirements at . If you're ready to open an account, our process is straightforward and hassle-free! For any questions or assistance along the way, feel free to give us a call at (616) 452-2161. We can't wait to welcome you to the Bloom family!

Business Banking & Commercial Services

Financing That Fuels Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $37 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $75 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $12,175,115, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services for Everyday Needs

In addition to loans, we offer merchant services that simplify transactions and enhance customer experiences. Imagine having a payment processing solution that allows you to accept various payment methods seamlessly whether it's credit cards, mobile payments, or online transactions. Our services are designed to help you focus on what matters most: growing your business. Explore how Bloom, located at 4833 Town Center Dr Se Grand Rapids Mi 49512 in Grand Rapids, MI, can empower your business with the right tools and resources. Contact us at (616) 452-2161 today!

Comprehensive List Of Services

Business Banking Solutions

We also cater to local businesses through our Business Banking services. From Merchant Services that simplify payment processing to tailored Business Loans, we support entrepreneurs and business owners in achieving their goals.

Digital Banking Convenience

In today's fast-paced world, convenience matters. That's why we emphasize our Online & Mobile Banking features, enabling you to manage your accounts anytime and anywhere. You can check balances, transfer funds, and pay bills all from the comfort of your home or while on the go. With options for ATM & Cash Withdrawal Services, accessing cash is easy and hassle-free. Our branch also offers basic drive-thru banking services for quick deposits and withdrawals without leaving your vehicle. And if you need cash quickly, our ATMs provide basic access for withdrawals and balance checks whenever you need them.

Get Started Today!

Ready to explore these services further? We invite you to visit us at Bloom in Grand Rapids or give us a call at 616-452-2161. Whether you're looking for personal banking solutions or business support, we're here to help you every step of the way! Discover how we can assist with all your financial needs today!

Personal Banking Services

When it comes to personal banking, we offer a variety of options that help you manage your finances effectively. Our Checking & Savings Accounts are designed to be user-friendly and accessible, allowing you to keep track of your money with ease. Whether you're saving for a special occasion or just want a safe place for your daily spending, we have accounts that fit your lifestyle. For those in need of transportation, our Auto Loans & Vehicle Financing make purchasing a new car stress-free. We understand how important reliable transportation is, so our competitive rates help you get on the road without overspending. If homeownership is on your mind, consider our Mortgage Loans & Refinancing options that can help turn your dream home into reality while also potentially lowering your current mortgage payments. If life throws unexpected expenses your way, our Personal Loans & Debt Consolidation services provide flexible solutions to help you regain control of your finances. Additionally, our Credit Cards with Rewards allow you to earn points on everyday purchases, making each transaction work for you.

Digital & Online Banking

Mobile Banking at Your Fingertips

With our mobile application, available for download on various devices, you can take control of your finances right from your phone. Enjoy features like mobile payments that let you make purchases quickly and easily. Plus, our person-to-person transfer option means sending money to friends or family is just a few taps away no cash needed!

Online Banking Made Simple

Our online banking platform, accessible at https://bloomcu.org/ , allows you to check balances, pay bills, and transfer money anytime, anywhere. With 24/7 access to your accounts, you can stay on top of your finances without the need to visit a branch. You can also enjoy electronic statements that provide a secure and easy way to keep track of your transactions, making paper clutter a thing of the past.

Secure and User-Friendly Experience

We prioritize your security with electronic signature authorization for added protection when completing transactions online. Our intuitive design ensures that even those new to digital banking will find it user-friendly. You can manage your accounts in real time, giving you peace of mind knowing exactly where your money is at all times. At Bloom, we are committed to making banking as easy as possible for our members. Dive into the world of digital banking today and experience the convenience and security we offer!

Financial Strength

Commitment to Growth

Our commitment to growth is reflected in our $19,960,705 in undivided earnings, which allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures for your benefit. With $2,568 in used auto loans and $125,011,123 in total loans and leases, our lending capacity supports your financial goals across various sectors.

Community Trust

The trust of our community is evident through our total share accounts, standing at 28,724, showcasing a growing member base that relies on us for their financial needs. The net shares available for lending and investments amount to $3,620,208, reflecting our readiness to support your aspirations. In conclusion, our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Bloom is your trusted partner. Visit us at 4833 Town Center Dr Se Grand Rapids Mi 49512 or call (616) 452-2161 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.*

Member-Centric Savings

Your savings are in good hands with us. Members' funds are secured through $37,622,568 in share certificates and $10,483,665 in money market shares, which provide stable and rewarding growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is highlighted by our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 44 full-time employees and 2 part-time employees dedicated to serving you with expertise and care.

Our Financial Health

With a net worth of $19,960,705, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,034 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $34,226,335 in used vehicle loans and $2,642,823 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates that fit your budget and lifestyle.

Business Loans

For business owners, our outstanding commercial loans totaling $12,175,115 provide the capital needed to grow and expand. We understand that every business has unique needs, and our team is dedicated to finding the right financing solutions for you. Our lending services are supported by performance insights and financial data sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. If you're considering refinancing or exploring eligibility options for any of our loan products, we encourage you to reach out. Our knowledgeable staff at Bloom, located at 4833 Town Center Dr Se Grand Rapids Mi 49512, Grand Rapids, MI, are ready to assist you. Give us a call at (616) 452-2161 during our business hours: Monday 9:00 AM - 5:00 PM; Tuesday-Thursday 9:30 AM - 5:00 PM; Friday 9:00 AM - 6:00 PM. Let us help you take the next step towards achieving your financial dreams!

Credit Lines

For those who need more flexibility, we provide personal credit lines totaling $44,971,629. This option allows you to borrow as needed while only paying interest on what you use, making it an excellent choice for managing cash flow.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $22,784,816, make buying or refinancing simple. Our experienced team is here to guide you through the process, ensuring you find a mortgage solution that suits your needs.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $8,297,670 in loans helping members manage their finances effectively. Whether you want to consolidate debt or cover unexpected expenses, our credit cards come with competitive interest rates and rewards programs.

Loan Aggregator

Accurate Loan Comparisons

LendMesh ensures accurate loan comparisons by sourcing its data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This means that users receive fair and transparent offers tailored to their needs. The focus is on delivering reliable information so that borrowers can make informed decisions without unnecessary stress.

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency throughout the comparison process. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results that reflect true market conditions. - Real-Time Rate Comparisons: Users can access up-to-date loan rates from multiple institutions, allowing for quick evaluations and better choices. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials highlight the impact of having a reliable tool at your fingertips.

Take Action Today

If you're ready to discover competitive loan rates without the hassle, compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

BLOOM CREDIT UNION